Thursday, August 21, 2008

US consumer confidence fell to its lowest level in 28 years in the month of June, amidst high energy costs and rising joblessness. US new orders for computer and electronic products dipped in June with US economy registering a lower retail sale when compared to the month of May.

That is interesting. In the past when times were tough the entertainment budget was the first to be clipped. It appears that that is the case in the US. However, the low value of the dollar encourages US exports. How much longer that will last with the US dollar rising is a question. Time will give us the answer.

A lot of electronics is used for manufacturing. However, it is not enough to drive the market. The big drivers are cell phones, computers, and entertainment devices.

Disclosure of Materiality

According to FTC regulations I am required to disclose any material benefit I receive from any blog post.
OK.
I get paid from Amazon if you order from any of the links provided. I will give you an honest opinion of any products I have ordered if I blog about them.
If you don't trust me read the Amazon reviews. If there is no review you are on your own.
If you pay me enough and promise to cover my lawyers fees I may say something nice about you. Or I may not. Enough is generally more than you can afford. Unless you have a a really really big bank account or more that a few large gold bars under the mattress.
If you do pay I expect to be transported to a country with no extradition treaty with the US.
If I review a book it may be because the author or publisher sent me a review copy. Other wise I will quote a review of some one else. If I say a product looks interesting it is because it interests me. Sometimes I will link to books so you can educate yourself on a subject and so I can make some off the sale.
If some one employs me I will probably say good things about them as long as the money keeps coming. Or I may say nothing. To keep out of trouble with their lawyers.
That covers most of what I can think of. I'm getting old and sometimes I don't think of everything.
And if you have read this far please Buy Something From Amazon. I can use the money - well actually I will use the proceeds to buy something from Amazon. I get a better deal that way.